For quite a long time GOBTC is trading inside narrow corridor. Usually such long time tradings lead to either: huge movement up or slow movement down. By looking at current market situation I have a feeling that BTC dominance is decreasing which can only mean 1 thing, money is flowing to altcoins. GOBTC has been on Binance since 2018 and never had major movement...
I see possible short term gains on USTRY pair, in my opinion it can cross 9.0 mark this year easily. From technical point of view, it broke Descending Triangle Pattern and has to continue falling further up to 9.0 and above. We have a long range Ascending Wedge Pattern that has been formed since 2018, so it can retrace a bit after hitting upper green line. On...
Hi, I can see very obvious pattern here. We had double bottom on PROMBUSD and RSI indicator didn’t fall further, so it formed Bullish Divergence. Also, PROMBUSD broke downtrend channel line, which is the sign of further uptrend continuation. For short term, I’m seeing 20-30$ price range, but for long term we can go as far as 100$+. Keep your stops tight and be patient !
FTMUSDT is trying to break falling wedge, grab some here and sell on 0.6$+ price.
So, in this trade I'm very positive about NEBLTC future price. In the longterm we can see 10$+ price as we are breaking 2+ years downtrend which is very big sign. I expect good volumes in upcoming days, for this trade to be 100% accurate we have to stay above 4600 satoshi price today.
From the last several days SKYBTC is constantly decreasing in value, and eventually is reaching EMA 100 support level. I’m expecting bounce from that level around 25% to 30%. Keep your stop loss around 3150, which was previous support level. From indicators side, stochastic RSI is strongly oversold and the most bottom level.
So, we are on the verge of new uptrend for NIMBTC pair. This are 2 scenarios that I'm considering right now: 1. Triple MA and MACD cross on weekly chart will state beginning of huge uptrend 2. No cross on Triple MA and MACD, will lead to further trading corridor or continuation of downtrend. I'm more bullish right now, as Bitcoin is in correction phase for next...
So, by looking at MANABTC chart I see that after huge price increase MANABTC had correction and it perfectly ended on 0.386 Fib level. Now uptrend should continue and first obstacle here is 850 level, if bulls manage break that resistance level then we will have strong bullish movement towards new highs, in opposite case we may see more retrace or consolidation....
My opinion on this idea is that ADXBTC has reached potential bottom. If you take a look at RSI indicator and price, you will see that we have lower lows on price chart, but whereas on indicator it's not going lower than 30 level, it's called divergence and in our case it's bullish. Additionally, price has reached 0.236 Fib level, which is last fib retracement...
Don't want to explain too much, but: 1. RSI oversold 2. No retraces last 4-5 days 3. Price went to beginning of uptrend 4. Still bullish here Expect bounce till 270 and may be further from here, good luck !
So, here we have Dusk project moving according to Gann Fan. Remember this is just theory and not a financial advise ! I expect DUSKBTC to fall to 3/1 and 4/1 Fan levels and have some bounce from there. In case if have bounce from this level then price won't go further down, but Fan levels serve good buy points and sell points. RSI is currently on 30 oversold...
So, last days NCASH is declining steadily, this is natural after such growth. My idea here is that NCASH might possibly bottomed out or will bottom out around 230 satoshis and then I expect some 20% bounce from there. If you take a look at Stochastic RSI indicator, we can see that it's located in oversold area for several days, same picture you can observe in...
Today is very fruitful day for Wink project, it has seen ~20% gains and there is high probability that it's aiming higher in upcoming days. The only concern for today is, if bulls are able to break 1420 level or no. If no, then correction to trend line should follow. If yes, then my first target is 1.618 fib target. In any case Wink showed huge signs of bull run...
Basically, looking at MTVBTC daily chart one can understand that this coin currently is in accumulation phase before bigger growth phase. If you pay attention to MACD, we have a cross here on daily timeframe, same one that happened on 12th of July before big pump, this is for sure big sign of accumulation and further growth. Additionally, price is over 50 weekly...
This one here is a simple Ascending Wedge pattern, in our case we had breakout, but is it confirmed yet ? If next 4 hour candles close above 0.00112 level then this coin is going to move further to 0.0013 price level, if no then we are going to see retest of lower part of wedge. Anyhow, MultiVAC is in strong uptrend right now and I wouldn't go for long position...
Right now SNTBTC is trying to breakout long formed wedge, in case of success we will have confirmation of uptrend and strong signal for higher highs. SNTBTC formed big cup & handle pattern if you take a look at daily chart and such patterns usually lead to further growth. Keep your stop-loss under resistance wedge line and I've put short term targets on chart...
Today NASBTC showed bullish signs by pumping from 448 area. It was obvious that it will start to move up, as it couldn't fall lower than 440 price for many days, as I showed it in the graph with the box, you can see there many wicks. After today's mini pump NASBTC has to slowly gain price towards 530+ area, from where it will be more clear if it's going to...
Aragon project is one of the most underestimated project around here, nearly half of blockchain projects use Aragon as governance protocol and that's huge. From TA side, Aragon just began it's uptrend and is directed towards higher highs. Personally, I expect 3x-4x in upcoming weeks from here, but before that there should some correction, so price grows...